: a tax on the net income of an individual or a business
Examples of income tax in a Sentence
Federal income tax will be deducted from your pay.
The new law will lower income taxes for most taxpayers.
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Texas in 2019 passed a constitutional amendment blocking lawmakers from enacting an income tax.—Eleanor Dearman, Fort Worth Star-Telegram, 4 Dec. 2025 After decades of a top income tax rate of at least 70% for the wealthiest Americans, former President Ronald Reagan in 1982 knocked that down to 50% and in 1987 got it below 40%.—David Goldman, CNN Money, 4 Dec. 2025 The modern federal income tax was created with the ratification of the 16th Amendment in 1913 but experts have cast doubt on it being upended any time soon.—Brendan Cole, MSNBC Newsweek, 4 Dec. 2025 Expect to face far more work and confusion when trying to figure out what income can — and cannot — be deducted for qualifying tips or overtime pay on 2025 federal income tax returns.—Susan Tompor, USA Today, 4 Dec. 2025 See All Example Sentences for income tax
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